Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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Texas Lawmaker Proposes Bill Allowing Cities and Counties to Invest Up to $10M in Bitcoin

On November 9, Texas state representative Ron Reynolds introduced House Bill 815, which would allow the state's municipalities and counties to invest up to $10 million in Bitcoin and other cryptocurrencies. The bill would amend the state's Public Funds Investment Act to include digital assets in the investment scope available to local governments, though it does not specify requirements for asset custody, specialized audits, or loss management.
BTC-1.80%
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Dunamu Concludes D-CON 2026 Digital Asset Policy Conference on November 10

Dunamu, operator of South Korean exchange Upbit, concluded its D-CON 2026 digital asset policy conference on November 10 at Seoul's Fairmont Ambassador Hotel, according to an official statement released on November 11. The fourth edition of the annual event convened government officials and industry experts under the theme "Innovation Built, Blooming into the Future." Key sessions addressed institutional investor participation expansion, won-denominated stablecoin regulation, and asset tokenizat
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Ledger CEO Says Perfect Security Doesn't Exist, Everyone Faces Hacking Risk

According to Bloomberg Crypto, Ledger CEO Pascal Gauthier stated on Tuesday, November 10, that perfect security does not exist and everyone will eventually face hacking attempts. Gauthier made the remarks during an interview when asked how the company assures customers of Ledger device security, not
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Across Domain Hijacked via Social Engineering Attack; Frontend and API Services Halted

According to Across official announcement on X, attackers compromised the protocol's domain through a social engineering attack on domain registrar Namecheap at approximately 18:45 UTC on November 11. The team received alerts within 15 minutes and took immediate action. SEAL911 marked across.to as a phishing site and Cloudflare removed its DNS records; the malicious site is now fully offline. Across suspended frontend and API services as a precaution while the domain registrar has not yet respon
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U.S. Bond Market Closes on Veterans Day as 10-Year Treasury Yield Rises 12bp

According to the Securities Industry and Financial Market Association (SIFMA), the U.S. bond market closed today (November 11) in observance of Veterans Day. Trading in U.S. dollar-denominated bonds was suspended, while equity markets remained open. Prior to the closure, U.S. Treasury yields rose sharply on November 10 as October consumer price index (CPI) data exceeded market expectations. The 10-year Treasury yield climbed 12.10 basis points to 4.983%, while the more policy-sensitive 2-year yi
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Pump.fun Adds Four Features to Perpetual Contracts on Nov 11: Limit Orders, TWAP, Full-Margin Accounts

According to Pump.fun's announcement on X (via PANews), the platform's perpetual contracts added four new features on November 11: limit orders for buying or selling at desired prices, TWAP (time-weighted average price) for splitting large orders into smaller batches, full-margin accounts for sharing margin across positions, and margin controls for adding or removing margin from open positions. The features are supported by Hyperliquid.
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Bitcoin Trails US Stocks With 16% Decline in 2026

According to market data from COINOTAG, Bitcoin fell roughly 16% in 2026 while the S&P 500 gained about 10%. Spot Bitcoin currently trades near $73,588, down 2.2% over the past 24 hours. US spot Bitcoin ETFs saw net outflows exceeding $1 billion across five trading sessions through November 6, and the products' cumulative 2026 net inflows have turned negative, reflecting shifting institutional demand and rising competition from artificial intelligence stocks for speculative capital.
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China Hog Prices Hit 8.6 Yuan/kg on November 11, Breaking Previous Cycle Low

According to a Guru Club report citing Huatai Securities research, on November 11, live pig prices in China hit 8.6 yuan/kg, breaking the previous cycle low set during this market cycle. The sharp decline reflects continued oversupply pressure and weak consumer demand entering the fourth quarter,
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